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Principal Solar Names Former Oncor Executive Brenda Jackson to Board of Directors

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FOR IMMEDIATE RELEASE

Principal Solar Names Former Oncor Executive Brenda Jackson to Board of Directors

Another high-impact, industry leader joins the team   

Dallas, TX – October 22, 2013Principal Solar, Inc (PSI; OTC Pink: PSWW), a publicly traded solar energy holding company executing a unique roll-up strategy to create the world’s first distributed solar utility, today appointed Brenda Jackson, former chief customer officer and senior vice president of Oncor, Texas’ leading electric transmission and distribution service provider, to its Board of Directors. Jackson’s expertise and experience in the electric energy sector will introduce opportunities for PSI to strengthen its market relationships and enhance the corporate value proposition.

“Brenda brings considerable talent for cultivating and sustaining relationships, and she will play a key role in expanding our affiliations with the traditional energy community,” says Michael Gorton, CEO and chairman of PSI.

During her 40-year tenure at Oncor, which serves 10M customers across the state of Texas, Jackson played a critical role in customer operations, customer service and community relations. As senior vice president, she oversaw a team of more than 100 employees and, indirectly, the dedicated customer care and revenue management employees of a major contractor.

Throughout her career, Jackson has served on numerous civic and community boards, and currently serves on the board of the Diabetes Health and Wellness Institute at the Juanita J. Craft Recreation Center.

Jackson states, “The PSI team and its mission are energizing. I look forward to helping PSI build industry relationships and supporting their initiatives to make solar a mainstream component of the country’s energy supply.”

About Principal Solar
Principal Solar, Inc (PSI; OTC Pink: PSWW), is a publicly traded solar energy holding company executing a unique roll-up strategy to create the world’s first distributed solar utility. PSI concentrates its resources on the acquisition, finance, development and management of solar power companies. The Principal Solar Institute, an educational organization created by Principal Solar, Inc., is dedicated to spreading solar knowledge to the critical stakeholders in the ongoing energy debate. Visit www.PrincipalSolar.com.

Cautionary Statement Regarding Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.”  Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors in the solar energy generating industry (market risk, government regulation, operational risks, etc.) that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements.   In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.  The Company does not assume a duty to update these forward-looking statements, except as required by law.

Contact:

CPR for Principal Solar, Inc.

Joelle Caputa

Jcaputa@cpronline.com

201.641.1911 x54

 

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